Class 7 Maths Worksheet: Profit and Loss, Simple Interest
The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.
NameDateTime takenScore ___ / 40
- 1.What is the amount (principal + simple interest) on ₹1500 at 5% per year for 3 years (in ₹)?
- 2.What is 35% of 180?
- 3.A table costs ₹2600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 4.The price of a cricket ball changed from ₹500 to ₹375. What is the percentage decrease?
- 5.A shopkeeper buys a table for ₹300 and sells it for ₹290. What is the loss (in ₹)?
- 6.A cricket kit costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 7.A mobile phone bought for ₹3900 is sold for ₹3705. What is the loss per cent?
- 8.What is the amount (principal + simple interest) on ₹700 at 2% per year for 5 years (in ₹)?
- 9.What is 5% of 320?
- 10.What is 55% of 580?
- 11.What is the amount (principal + simple interest) on ₹7600 at 5% per year for 4 years (in ₹)?
- 12.A mobile phone bought for ₹1400 is sold for ₹1470. What is the profit per cent?
- 13.What is 30% of 440?
- 14.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3250. What is the profit (in ₹)?
- 15.What is the simple interest on ₹2200 at 5% per year for 3 years (in ₹)?
- 16.What is the simple interest on ₹6100 at 8% per year for 1 year (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹5400 at 8% per year for 1 year (in ₹)?
- 18.The price of a school bag changed from ₹50 to ₹75. What is the percentage increase?
- 19.A shopkeeper buys a cricket kit for ₹250 and sells it for ₹180. What is the loss (in ₹)?
- 20.What is 10% of 180?
- 21.The price of a bus pass changed from ₹100 to ₹150. What is the percentage increase?
- 22.A cricket kit bought for ₹1700 is sold for ₹2040. What is the profit per cent?
- 23.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 2 years (in ₹)?
- 24.A shopkeeper buys a sewing machine for ₹2400 and sells it for ₹2100. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 3 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹7000 at 11% per year for 4 years (in ₹)?
- 27.What is the simple interest on ₹900 at 11% per year for 1 year (in ₹)?
- 28.What is 55% of 480?
- 29.A shopkeeper buys a watch for ₹900 and sells it for ₹700. What is the loss (in ₹)?
- 30.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1110. What is the loss (in ₹)?
- 31.A table costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 32.A cycle costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 33.A mobile phone costs ₹300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 34.A watch costs ₹500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2400 at 8% per year for 1 year (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 1 year (in ₹)?
- 37.A shopkeeper buys a watch for ₹2750 and sells it for ₹2800. What is the profit (in ₹)?
- 38.What is 15% of 40?
- 39.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1560. What is the profit (in ₹)?
- 40.What is the simple interest on ₹2800 at 3% per year for 5 years (in ₹)?
Answer key
- 1725
- 63
- 3120
- 25
- 10
- 1200
- 5
- 770
- 16
- 319
- 9120
- 5
- 132
- 250
- 330
- 488
- 5832
- 50
- 70
- 18
- 50
- 20
- 1232
- 300
- 4680
- 10080
- 99
- 264
- 200
- 140
- 2520
- 2750
- 270
- 250
- 2592
- 6678
- 50
- 6
- 60
- 420
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